Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago,

User Stats

68
Posts
12
Votes
Shamus Quirk
  • Real Estate Agent
  • Newburyport, MA
12
Votes |
68
Posts

How should I finance?

Shamus Quirk
  • Real Estate Agent
  • Newburyport, MA
Posted

I found a duplex that I am interested in.  I have cash for a down payment but I don't think I have the credit to secure a traditional loan from a bank. 

The property would need some improvements but market rent is around 900-1000 a door.  Purchase price of 125k with 10-15k in improvements, maybe less, the majority of the work would be my own sweat equity but I'm factoring in my labor.    

Any ideas on how to finance the deal and rehab?  I would like to buy and hold this property.  

I always appreciate your input!

Loading replies...